๐ฅ $BNB /USDT Price Update โ Slow Climb or Strong Breakout Ahead๐ค๐๐๐
๐ Current Price: $647.47
๐ Timeframes Reviewed: 1H + 1D
๐ 24h Range: $644.30 โ $649.18
๐ 24h Volume: 58.4K BNB
๐ Technical Analysis Summary:๐งโ๐ซ
๐ 1H Chart๐
$BNB Price dipped but held 20 EMA support at $647.15 โ bulls still active.
Wick bounce confirms demand around the short-term EMA cluster.
MACD shows bullish sentiment easing, but still above signal line.
RSI at 53.74 โ neutral to slightly bullish zone.
๐ 1D Chart๐
$BNB Price forming sideways base just under 50 EMA resistance ($651.10).
Reclaiming this zone could flip structure bullish.
MACD showing early signs of momentum crossover to the upside.
RSI: 50.45 โ perfectly balanced, showing consolidation.
๐ฏ Trade Plan โ Bullish Breakout Strategy
๐ Entry: Above $651.50 (confirmation above 50 EMA & breakout structure)
๐ฏ Target 1: $660
๐ฏ Target 2: $675
๐ป Stoploss: Below $644
โฐ Duration: 8โ24 Hours
โ ๏ธ Risk Level: Medium (range-bound setup, breakout pending)
๐ Why Bullish๐ค๐ฅ
Strong defense near $645 zone โ price refusing to break down.
MACD cross forming on daily โ early trend reversal signal.
Volume gradually increasing with accumulation signs near 50 EMA.
๐งโโ๏ธ "Sideways isnโt silence, itโs the calm before the trend."
Patience turns setups into profits. ๐งฉ
๐ This is not financial advice. Market conditions may change. Always DYOR.
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